ING Bank A.Ş. Type A Stock Fund
Fund Type Description:
Stock Fund is a mutual fund for which at least 51% the portfolio must continually consist of the stocks of corporations established in Turkey.
As per the investment strategy, the ratio of stocks in the Stock Fund does not fall below 75% and may increase up to 100% based on our market view. The objective of the fund, that is actively managed according to the market conditions, is to maximize the return against the risk taken by right stock selection and right timing.
Investors who want to invest in stocks with the anticipation of an increase in the stock market, but do not wish to undertake the risk associated with any specific stock.
Minimum transaction amount:
1 share and multiples
Benchmark of the fund:
84% ISE-100 Index + 10% KYD TL Bill Index-91-day + 5% KYD Gross Repo Index + 1% ISE-All
Terms of transaction:
Purchase orders placed between the hours of 09:00-13:00 are executed on day T+1, at the price in effect on day T+1. Sale orders placed between the hours of 09:00-13:00 are executed on day T+1, at the price in effect on day T+1. Purchase orders placed after 13:00 are executed on day T+2, at the price in effect on day T+2. Sale orders placed after 13:00 are executed on day T+3, at the price in effect on day T+2.
Detailed information at ingportfoy.com.tr